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FP6 Financial Info & FAQs --> Project --> Costs --> Eligible Costs --> Equipment --> Equipment FAQs

Q:

Is software considered as a “consumable” or “durable equipment” cost? If “durable equipment”, does it need to be depreciated according to our accounting conventions and policies?

A:

The Commission official response as per their document “Frequently Asked Questions on Project Management in Fp6” - March 2005, is:

 

“…Software maybe considered as consumable or durable equipment depending on the principles established by the contractor’s own accounting system…”



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